Hardeman-steele Foundation Inc is a 501(c)(3) organization based in Greenwood, Mississippi, registered in 1995, with $123,979 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$124K
▲ 28.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$155K
Net assets
$1.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hardeman-steele Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hardeman-steele Foundation Inc: 84 mo reserves · -25% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hardeman-steele Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hardeman-steele Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $138K (FY2013) to $124K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-24.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$9,128
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $123,979▲28.1% | $154,623▼15.8% | $1,086,909▼0.1% | $1,096,037▼0.1% | 990PF |
| 2022 | $96,774▲4.2% | $183,544▲424% | $1,088,382▼10.4% | $1,097,510▼9.7% | 990PF |
| 2021 | $92,899▼18.9% | $35,033▲248% | $1,215,009▲9.7% | $1,215,009▲9.7% | 990PF |
| 2020 | $114,559▲5.2% | $10,075▼86.2% | $1,107,630▲7.7% | $1,107,630▲7.7% | 990PF |
| 2019 | $108,858▲22.8% | $72,938▲35.0% | $1,027,978▲4.0% | $1,027,978▲4.0% | 990PF |
| 2018 | $88,657▲201% | $54,021▼84.9% | $988,507▼0.6% | $988,507▼0.6% | 990PF |
| 2017 | $29,463▼39.7% | $357,932▲24.0% | $994,728▼24.3% | $994,728▼24.3% | 990PF |
| 2016 | $48,869▼36.6% | $288,601▲1571% | $1,314,356▼18.0% | $1,314,356▼18.0% | 990PF |
| 2015 | $77,081▼48.5% | $17,274▼62.0% | $1,602,158▲3.9% | $1,602,158▲3.9% | 990PF |
| 2014 | $149,569▲8.5% | $45,457▼62.3% | $1,542,351▲7.2% | $1,542,351▲7.2% | 990PF |
| 2013 | $137,862 | $120,638▲39.7% | $1,438,239▲1.2% | $1,438,239▲1.2% | 990PF |
| 2012 | — | $86,339▼37.3% | $1,421,015▲5.8% | $1,421,015▲5.8% | 990PF |
| 2011 | — | $137,768▼71.0% | $1,343,043▼1.8% | $1,343,043▼1.8% | 990PF |
| 2010 | — | $475,518 | $1,367,491 | $1,367,491 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Hardeman-steele Foundation Inc (EIN 64-0853619) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.